Chinese land developer secures term loan

    September 22, 2010 | BY

    clpstaff &clp articles

    Agile Property Holdings, a PRC land developer listed on the Hong Kong Stock Exchange, has secured a HK$1.592 billion (US$204.85 million) term loan facility…

    Agile Property Holdings, a PRC land developer listed on the Hong Kong Stock Exchange, has secured a HK$1.592 billion (US$204.85 million) term loan facility from a syndicate of banks.

    The arrangers and original lenders were Standard Chartered Bank, Hang Seng Bank, Bank of China and Tai Fung Bank. Standard Chartered Bank was also the facility agent and security agent on the transaction.

    The syndicate of banks was advised by White & Case. Baldwin Cheng led the team from Beijing which included associates Gee Hou Tng and Wenxian Chen from the Hong Kong office.

    This premium content is reserved for
    China Law & Practice Subscribers.

    • A database of over 3,000 essential documents including key PRC legislation translated into English
    • A choice of newsletters to alert you to changes affecting your business including sector specific updates
    • Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
    For enterprise-wide or corporate enquiries, please contact our experienced Sales Professionals at +44 (0)203 868 7546 or [email protected]